Umbrella insurance is a protective insurance policy offering financial security in several situations. This includes instances when you face liability claims, which occur when someone believes you caused them harm or loss and wants you to pay for those damages.

Umbrella insurance is a valuable investment for many people. If you are looking for umbrella insurance in Oro Valley, AZ, our team at Old Pueblo Insurance can assist you by offering a quote for a policy tailored to your needs.

What Does Umbrella Insurance Cover and Not Cover?

Umbrella insurance does not cover damage to your property or any injuries you sustain. It does not protect you from injuries or property damage costs related to your business and usually does not cover liability associated with contracts you are involved in.

On the other hand, it typically covers losses you cause to others, including treatment for another person’s medical bills when you cause their injuries or the costs associated with burial and funerals if you cause their death. Additionally, it may provide financial protection if you face a lawsuit for slander, defamation, or libel, or other personal attacks you make on others. It can also cover your legal defense if you face a liability lawsuit for a covered loss.

This type of insurance may be beneficial to many, including property owners, individuals with significant assets, landlords, or those who own assets that can cause injury to others, such as pools, dogs, or violent weapons.

Getting Help for a Policy to Fit Your Needs

If you need help choosing an umbrella insurance policy that fits your needs in Oro Valley, AZ, contact our team at Old Pueblo Insurance for a quote.

Riders value their communities. Riders value their independence, and riders value their custom bikes.

Old Pueblo Insurance, located in Oro Valley, AZ, but serving motorcycle owners all over the state, can help you find exactly the insurance you need for your custom bike.

Custom motorcycle owners usually have two options. The kind of policy you need depends on how you have invested in customizing your motorcycle.

If you own a bike on which you have spent a few hundred to a few thousand dollars in customizations, like handlebars, lights, or a custom paint job, you may need a standard motorcycle policy with a rider for CPE, custom parts, and equipment. The rider covers both parts and labor.

This kind of policy provides coverage in addition to the value of your bike as determined by the Kelley Blue Book or National Automobile Dealers Association (NADA) motorcycle appraisal guide.

If you built your own bike, own a composite bike, have rebuilt frames, or have a high-value motorcycle, you will need an “agreed value” policy. This is also the best kind of coverage for a classic motorcycle, which increases in value as it ages. 

You may need motorsports or racing insurance if you have fitted your bike with performance enhancements, such as a nitrous oxide kit.

Don’t settle for liability-only coverage. It will make your motorcycle legal for the roads, but it won’t cover any damage to your bike itself, certainly not for additional customization. Make sure you discuss all the modifications to your motorcycle with your insurance agent at the time you get your policy. Otherwise, the insurance company may say that they didn’t insure your bike — because they did not know you had a custom bike.

Whether your ride is in Oro Valley, AZ, or anywhere in the USA, Old Pueblo Insurance can help you find the exact motorcycle coverage you need. Call us today!

In the Oro Valley, AZ, area, there are many important insurance decisions to make. Life insurance is a type of coverage you should always consider getting when in this part of Arizona. This type of coverage can be helpful as it will offer financial support for those you care about. You may need to get a proper life insurance plan when in this area for various reasons. 

You Need to Offer Financial Assurances

A primary reason people want to get a life insurance plan is to provide financial assurances for those they care about. When you have children, a spouse, or others who depend on you, ensuring they are cared for in the future is very important. If you have a life insurance policy, it will offer this support as it can provide a death benefit to your beneficiaries. 

You are Looking for a New Investment

Getting a life insurance plan is also a good idea if you are looking for a new investment. When you are going to get a life insurance plan, you can consider a whole life policy. If you have a whole life policy, it will provide a guaranteed rate of investment for the money you pay each month. This will accumulate and continue to grow over the years, providing you with a stable and liquid investment option. 

If you live in the Oro Valley, AZ, area, you will always want to have a life insurance plan. If you are interested in this type of coverage, it would be wise to call our team at Old Pueblo Insurance. Our professionals know the value of such coverage and will give you any support you need to build a plan. 

Ideally, one benefit of retirement is the ability to focus on family, hobbies, and other activities without worrying about money. One way to protect yourself and limit your money worries is to obtain umbrella insurance covering your accumulated assets. Whether you are retired or not, our team at Old Pueblo Insurance, serving Oro Valley, AZ, will help you understand the benefits of umbrella insurance for people of all ages.

How Umbrella Insurance Benefits Retirees

Insurance protects against the unexpected. Accidents can leave us liable for damages, regardless of how careful we are. While our home and auto policies cover us in most instances, the damages sometimes exceed the limits of our home or auto policy. When those situations occur, you become responsible for paying the difference between the policy limit and the total damage, putting your savings, home, and other assets at risk.

While such situations are a problem regardless of age, most retirees are beyond their peak earning years and find it difficult to rebuild their financial freedom.

Umbrella insurance solves the problem because it sits atop your other policies and pays out only when you exceed their limits. People with umbrella policies often do not make a claim on those policies because the policy comes into play only when the worst happens. The low number of claims means umbrella policies are relatively inexpensive, yet they offer extra protection that offers retirees peace of mind, knowing they are protected from certain harms.

Working With Old Pueblo Insurance

Umbrella insurance is a low-cost means to protect your family and your assets. If you live in or near Oro Valley, AZ, stop in or call the team at Old Pueblo Insurance today to discuss how you can benefit from owning an umbrella insurance policy. 

Driving a motorcycle is so enjoyable and so much fun. However, owning and riding this type of vehicle also comes with responsibilities. One of them is to carry proper motorcycle insurance to protect you and other people on the road. Old Pueblo Insurance, serving clients in Oro Valley, AZ, has created the list of the most common myths about this type of insurance. Let’s debunk them so you understand motorcycle insurance better.

Myth 1: Motorcycle insurance is not mandatory

Motorcycle insurance is similar to auto insurance. That means that riding without motorcycle insurance on the roads of Arizona is illegal. You cannot ride your motorcycle without a valid insurance policy. This can lead to fines and financial consequences. 

Myth 2. Motorcycle insurance is expensive

The truth is that certain factors determine how much you will pay for insurance. They are what kind of motorcycle you have, how old it is, where you live, and whether your bike was modified. The combination of these factors determines the cost of motorcycle insurance.

Myth 3: Comprehensive and collision coverage are interchangeable

Comprehensive and collision coverage are among the most common terms in insurance. However, they are different. Collision protects physical damage, while comprehensive coverage offers protection for damage not caused by collisions. 

Have you become a lucky owner of a motorcycle? The next step is to purchase motorcycle insurance. Take your time and shop around to make the right choice. If you need the help of professionals, Old Pueblo Insurance, serving clients in Oro Valley, AZ, is ready to assist you. All you need to do is visit the Old Pueblo Insurance’s website or call us. At Old Pueblo Insurance, we are always ready to offer you help. 

Life insurance is one of the best gifts you can give someone. While most gifts are used up or forgotten, life insurance remains a practical way of giving loved ones peace of mind and stability. If you are considering buying life insurance in Oro Valley, AZ, Old Pueblo Insurance can help you choose the best policy for your needs.

Requirements For Gifting Life Insurance

There are two main requirements for giving a life insurance policy as a gift:

1. You must have the express permission of the person for whom you are buying the policy. If the person is a minor, you need the parent or guardian’s permission.
2. There needs to be proof of insurable interest. Only people affected by a death may purchase life insurance for that person. This keeps random people from buying life insurance for strangers in hopes of profiting.
3. Another requirement for some, but not all, policies is that the person on the insurance needs to take a physical.

Benefits Of Buying Life Insurance As a Gift

Life insurance may seem boring or even morbid, but it is actually a practical, thoughtful, loving gift.

• Life insurance can provide financial stability during the worst of times. Money is the last thing you want to worry about when facing a tragedy.
• By purchasing the policy when someone is young, you make sure that person won’t face eligibility issues when trying to apply for life insurance as an older, possibly unhealthier adult.
• Some policies even have cash payouts.

It’s Never Too Early Or Too Late To Buy Life Insurance In Oro Valley, AZ

If you have questions about gifting life insurance to a loved one or life insurance in general, please call Old Pueblo Insurance today.